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  1. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    The results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...

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  2. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...

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  3. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...

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  4. Office prices and rents saw substantial fall in H1 2014

    Economy

    The Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...

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  5. Greek households saw net financial wealth plummet by 37.5 pct during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Τhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek...

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  6. Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017

    Agora

    Greek banks concluded the release of their fourth quarter (Q4) results last week, which showed an improved financial and asset quality performance overall. Almost all the core banks recorded a positive bottom-line result for Q4 and turned profitable for...

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  7. Newsletter 23 - 17/04/2015

    Newsletters

    tier 1 (CET1) ratios stood at adequate levels at the end of 2014, ranging from 12.1 percent... funding. The problem is that Greece and its lenders seem far apart on the type of measures... so far seems reluctant to step into the role of enforcer. Although he has shown a pragmatic streak

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  8. Greeks full of contradictions on ideology and political beliefs, study suggests
    Photo by Panyotis Tzamaros/Fosphotos

    Society

    the classical characteristics of liberalism in valuing “freedom” over “equality”, a new, wide-ranging...”. This view is shared across the social spectrum, with the exception of the far left and Communist (KKE... as far left, left and far right. Another finding is that while institutions are in crisis in Greece, most

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  9. Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in order to avoid heavier and more wide-ranging charges proposed by opposition parties. A total 154... be laughable if it weren’t dangerous”. Dubbing the parties behind the motion a “toxic coalition” of far left and far right, Mitsotakis accused the opposition of “weaponizing” the tragedy of Tempe to overthrow

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  10. PM sets out case for third term, surveys global landscape and talks up constitutional reform

    PoliticsGreek Politics

    Greek Prime Minister Kyriakos Mitsotakis used a wide‑ranging interview with Skai TV, covering... also warned against looking too far ahead. Asked whether a new mandate would again be a four‑year... newly announced push for constitutional revision within a far broader narrative than the government had

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